casinos and inflation

[tech58]

Hey FP please give Ted a real Number.
Otherwise, when things resume, he will be forced to decipher your trip plans,wait in the special "Big Shooter" section of the parking ramp until your t'bird arrives, to I'D you.
Then spend hours lurking, just outside your peripheral vision, recording your play.
Risking all the while being discovered or having you slip into CS mode while he is short of the necessary sample size to determine that magic Number.
Pleez give him a Number.
We promise, on our honor, no one else on the thread will look at it.

[FloridaPhil]

Seriously? Every casino has a different number depending upon the value of the comps they are willing to give you to play there. If we are flexible on our dates, we can get a comped hotel room at the Florida Hard Rock Casino just by looking on their website. There are always some open comped dates on their calendar. A comped hotel stay is the easiest comp to get. If you can't get a comped room on a slow weekday in most any casino in this country, you are probably only playing games where you have an advantage. Casinos will not welcome back players who consistently take advantage of them.

If a casino is going to fly us round trip from Florida to their casino and back, comp three nights in their hotel, give us free play and food credits, we feel like we should play max coins. On a long day, we can both play 5,000 hands of VP each. You don't have to play that much to get them to invite us back. A few hours of play in the morning and a few at night seems to be enough to satisfy them. We often play more than that. We both play single line deuces wild. There is no reason to play bigger than quarters.

The Beau Rivage is an MLife casino. MLife is one of the only casino groups that allows a husband and wife to be on the same account. Together this makes us look like a bigger player. There are MLIfe casinos all over the country. I am sure we could stay free at any of them as long as we are not picky about our dates. Our stay last year at the Borgata was comped.

So far, we have received comped rooms from dozens of casinos. There are more quarter players than any other denomination. We help pay the majority of casino's payroll, light bill and dividends. We are willing to pay to play because we get what we want. As long as this continues, I see no reason to change.

[onemoretry]

It's the same as Gronbog's long term number...

In other words, despite saying he knew the number, he really doesn't have a clue.

[FloridaPhil]

In other words, despite saying he knew the number, he really doesn't have a clue.

You obviously didn't read my full post. Gronbog is a nice guy. He is obviously talented when it comes to math. If you need the trajectory of a moon launch, he's your man. He can't tell you if or when a royal is going to happen. I can't tell you how long the casinos will continue to comp our rooms either.

[notes1]

Great comments. We finally have a current discussion instead of a history lesson.

he who accuses others of doing something is often the one who is most guilty of what he accuses others of doing.

read over your posts, i don't believe you once commented on the original topic. you are just bound and determined to hijack every thread and rant/preach/lecture. and, as far as giving a 'history' lesson, look who is calling the kettle black. nearly every post is a history lesson.

[onemoretry]

All they ask of us is that we play max coin quarter games long enough to give them a chance to recoup their investment. Through experience, we have learned what that number is.

That is what you stated. So, rather logically, you were subsequently asked to indicate what the number is.

But you didn't (or, couldn't). Instead, you threw out some irrelevant gobbledygook about Gronbog.

It sure seems to me that you didn't have it figured out at all, and were simply ' blowing smoke".

[FloridaPhil]

Predicting the future is a tricky business. Who could have predicted a year ago all the casinos in the country would be closed, we would have 20% unemployment and we would be hunkered down in our homes watching the news?

If I wrote an investment strategy book and set up a website claiming I could predict stock market results in advance, would you buy it? Suppose I stated the 2022 Dow high would be 35,000? I filled the book with pages of math to back up my claims. I provided 100 years of history to reinforce my claims. The people who took my advice and made a profit may be convinced my strategy works. The people who lost money would believe I was a quack. The fact is, no one can make 100% accurate future predictions on the stock market or anything else. The best you can do is use past events as a tool.

Let's apply this to video poker. How many people have purchased a video poker strategy book that made claim to a game beating strategy? 1,000? 10,000? More? I have no idea. How many people make a verifiable long video poker profit? How many don't?

The people who make a profit are convinced the strategy in the book works. They hang out on this forum and preach the gospel of advantage play. If you question them, you are thrown into forum hell. The millions of players who don't make a profit, sit on the sidelines to avoid being condemned.

I have no problem with math in a computer lab. If you load a computer with good data and accurate programming, the correct answer will be generated. My problem is using that answer to predict what will happen when a human runs the same simulation in a casino. I predict you will get completely different answers. The majority of them will be in the casino's favor.

The book strategy is useful. It can help you get more play for your money and more comps. You may make a profit. Chances are you won't. It's not the strategy that I am against. It's telling players playing bigger to gain better odds is better. Playing without limits means you could lose without limits. As long as you know that, I am good with whatever you wish to believe.

[Tedlark]

Phil, for you to claim that predicting the future is a tricky business after you yourself have made many predictions in these same forums is a bit of a boggle. Do you claim to have a handle on such a tricky business as predicting the future?

In previous posts you made, you wrote of various occupations you have held but I did not see Future Predictor among them, was this an oversight on your part? Is there a gap in your resume? I used the term resume so that you would still feel like a regular Joe (in case you do still mow your own lawn). I was going to use the term Curriculum vitae so please do not be offended if I did not.

Please stop making posts such as the above. How many times have you been asked NOT to? WHY do you feel the need to BRING UP VIDEO POKER STRATEGY BOOKS IN THIS THREAD? You just can't resist that constant urge, can you? I believe you have replaced your possible gambling addiction with a posting addiction.

[FloridaPhil]

WHY do you feel the need to BRING UP VIDEO POKER STRATEGY BOOKS IN THIS THREAD? You just can't resist that constant urge, can you? I believe you have replaced your possible gambling addiction with a posting addiction.

Great question which I am happy to answer. Isn't book video poker winning strategy about predicting the future? The claim is, "Play positive games perfectly long enough and you will profit".

Profit when? In the future.

Could this strategy possibly fail? No, math won't let it.

If we have learned anything in the last ten years, it's that casinos are not in the business of supporting anyone's lifestyle but their own. There is a way to edit these books so people are not harmed by these claims. All the authors need say is this "It is entirely possible to do everything right and still lose long term." If they would post that warning in their books and on this website, I would never have to post about it again.

[Tedlark]

WHY do you feel the need to BRING UP VIDEO POKER STRATEGY BOOKS IN THIS THREAD? You just can't resist that constant urge, can you? I believe you have replaced your possible gambling addiction with a posting addiction.

Great question which I am happy to answer. Isn't book video poker winning strategy about predicting the future? The claim is, "Play positive games perfectly long enough and you will profit".

Profit when? In the future.

Could this strategy possibly fail? No, math won't let it.

If we have learned anything in the last ten years, it's that casinos are not in the business of supporting anyone's lifestyle but their own. There is a way to edit these books so people are not harmed by these claims. All the authors need say is this "It is entirely possible to do everything right and still lose long term." If they would post that warning in their books and on this website, I would never have to post about it again.

This thread was started as Casinos and Inflation, not Casinos and Strategy Books.